Industrial Gases-Glass Market Growth 2019-2024

Industrial gas is a generic term for gases (liquefied gases) used widely in all industries for raw materials and intermediate materials in the manufacturing industry, or for quality improvement, energy saving and the safety in manufacturing processes. This does not include city gas (coal gas for domestic use) and LP gas that are mainly used for household energy. Medical gases used in hospitals are included among industrial gases.

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The global industrial gases market is highly concentrated as it is mainly dominated by four giants, Linde Group, Air Liquide, Praxair, Air Products and Chemicals. Presently, Praxair is completing the merger with Linde. Once the merger is implemented, the market will become more concentrated further. Thus, with higher market concentration, insiders think that leading giants will have more rights on gas pricing.

The glass industry is one of the most energy intensive industries, in fact it is second only to the aluminum industry and consumes the second highest amount of energy to make a single unit or product. During the last several decades, glass manufacturers have worked to combat energy problems caused much in part by an extremely high-energy melting process. Some manufacturers have even tried changing the fuel source by using oxygen instead of air in furnaces. Industrial gases have helped to ease the energy intensity of the glass industry, in terms of reducing cost, improving processes and enhancing product quality in recent years.

ACCORDING TO THIS STUDY, OVER THE NEXT FIVE YEARS THE INDUSTRIAL GASES-GLASS MARKET WILL REGISTER A 3.9% CAGR IN TERMS OF REVENUE, THE GLOBAL MARKET SIZE WILL REACH US$ 5180 MILLION BY 2024, FROM US$ 4130 MILLION IN 2019.

In particular, Industrial Gases-Glass Market report presents the global market share (sales and revenue) of key companies in Industrial Gases-Glass business, shared in Chapter 3.

Industrial Gases-Glass Market report presents a comprehensive overview, market shares, and growth opportunities of Industrial Gases-Glass market by product type, application, key manufacturers and key regions and countries.

This study considers the Industrial Gases-Glass value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

Oxygen
Nitrogen
Hydrogen
Argon
Helium
Other

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Container Glass
Float Glass
Fibre Glass
Specialty Glass

Industrial Gases-Glass Market report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in Industrial Gases-Glass Market report

Linde Group
Air Liquide
Praxair
Air Products and Chemicals
Taiyo Nippon Sanso
Air Water
Messer
Yingde Gases
Gulf Cryo

In addition, Industrial Gases-Glass Market report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Industrial Gases-Glass consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Industrial Gases-Glass market by identifying its various subsegments.
Focuses on the key global Industrial Gases-Glass manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Industrial Gases-Glass with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Industrial Gases-Glass submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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